Regulatory Alerts2024-02-19
Added
DFIM Circular Letter No. 03: Change of Designation for General Side and Cash Side of Bangladesh Bank
The document mandates the renaming of specific job titles for the General Side and Cash Side of Bangladesh Bank, effective January 14, 2024, following approval by the Board of Directors. It requires all finance companies operating in Bangladesh to use the new designations in all official correspondence, including letters and emails. The circular lists the specific changes, such as replacing 'Currency Officer' with 'Executive Director (Currency)' and 'Cash Manager' with 'Director (Cash)'.
Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.
DFIM Circular Letter No. 03
Managing Director / Chief Executive Officer All Finance Companies Operating in Bangladesh.
Dear Sir,
Regarding the change of designations for the General Side and Cash Side of Bangladesh Bank.
You are hereby informed that, with the approval of the Board of Directors of Bangladesh Bank in its 431st meeting held on January 14, 2024, the designations for the General Side and Cash Side of Bangladesh Bank have been changed as follows:
| Existing Designation | Changed Designation | English Designation |
|---|---|---|
| Currency Officer | Executive Director (Currency) | Executive Director (Currency) |
| Cash Manager | Director (Cash) | Director (Cash) |
| Deputy Cash Manager | Additional Director (Cash) | Additional Director (Cash) |
| Assistant Manager | Assistant Director | Assistant Director |
| Assistant Manager (Cash) | Assistant Director (Cash) | Assistant Director (Cash) |
| Deputy Manager | Deputy Director | Deputy Director |
| Deputy Manager (Cash) | Deputy Director (Cash) | Deputy Director (Cash) |
| Assistant Manager | Assistant Director | Assistant Director |
| Assistant Manager (Cash) | Assistant Director (Cash) | Assistant Director (Cash) |
| MLS-1st Class Office Assistant-1st Class | MLS-1st Class Office Assistant-1st Class | MLS-1st Class Office Assistant-1st Class |
| MLS-2nd Class Office Assistant-2nd Class | MLS-2nd Class Office Assistant-2nd Class | MLS-2nd Class Office Assistant-2nd Class |
- In this regard, you are advised to use the changed designations in all types of communication, including letters/emails, for official purposes along with this circular.
This directive is issued under the powers conferred by Section 41(2)(d) of the Finance Companies Act, 2023.
Yours faithfully,
(Md. Asaduzzaman Khan) Director (DFIM) Phone: 9530178.
06 Falgun 1430 Date: 19 February 2024
Deputy Director, Institutions and Markets Department